SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.06 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Saturday, October 17th. Stockholders of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

SATA Technology Price Performance

SATA Technology stock traded down $0.96 during midday trading on Friday, hitting $96.89. 588,706 shares of the stock were exchanged, compared to its average volume of 328,228. The firm has a fifty day moving average price of $99.71. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insider Activity at SATA Technology

In other news, insider Brian Logan Beirne sold 20,077 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $629,012.41. Following the sale, the insider directly owned 41,425 shares in the company, valued at $1,297,845.25. This trade represents a 32.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the sale, the director directly owned 8,815 shares in the company, valued at approximately $271,061.25. This represents a 40.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 42,620 shares of company stock valued at $1,325,038 over the last three months.

SATA Technology Company Profile

(Get Free Report)

Strive Asset Management, LLC is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive Asset Management, LLC was founded in 2022 and is based in Dallas, Texas.

Further Reading

Dividend History for SATA Technology (NASDAQ:SATA)

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